Rights and Obligations of the Managing Member. The Managing Member shall have the day-to-day management control of the business of the Company and shall have the responsibility and authority, at the Company’s expense, to take all actions necessary or appropriate to accomplish the purposes of the Company including, without limitation, the power and authority:
Appears in 4 contracts
Samples: Operating Agreement (Great Plains Ethanol LLC), Operating Agreement (Great Plains Ethanol LLC), Operating Agreement (Great Plains Ethanol LLC)
Rights and Obligations of the Managing Member. The Managing Member shall have the day-to-day management control of the business of the Company and shall have the responsibility and authority, at the Company’s expense, to take all actions necessary or appropriate to manage and control the Company’s day-to-day operations and to accomplish the purposes of the Company Company, including, without limitation, the power and authority:authority to implement the decisions of the Board of Managers, to hire, promote, discharge and supervise the work of the Company’s employees necessary to operate the Company’s facility, and to use its own personnel to provide services to the Company, including the Chief Executive Officer (“CEO”) and the Chief Financial Officer (“CFO”) of the Company.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Gevo, Inc.)
Rights and Obligations of the Managing Member. The Managing Member shall have the day-to-day management control of the business of the Company and shall have the responsibility and authority, at the Company’s 's expense, to take all actions necessary or appropriate to manage and control the Company's day-to-day operations and to accomplish the purposes of the Company including, without limitation, the power and authority:
Appears in 1 contract
Samples: Operating Agreement
